In China, it’s already cheaper to buy EVs than petrol cars

The Tesla Model Y has shot into the lead in new-car sales in the people's republic. (Image: Supplied)

Sun, 13 Aug 2023

By David FicklingPrice wars can be creative, or destructive. When comparable airlines battle for market share, the results can be devastating. None are offering a fundamentally cheaper product, so the effect is only to make consumers expect cheaper tickets. When one of the players has a cost advantage, however – as when a budget airline takes on a full-service carrier – the outcome is to switch buyers’ loyalty to the better-value product. Four of the 10 most highly valued carriers in the Bloomberg World Airlines index are...

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